LOCATION
Prominently & Conveniently located on the northern side of Queens Road which is the prime retail leisure pitch within the Epping Forest district of Essex.

DESCRIPTION
Former Prezzo restaurant arranged on Ground & 1st Floors. The Property has been extended both to the front & rear and benefits from a rear yard.

The property extends to 280.19sqm/3016sq.ft having previously traded as a Restaurant although suitable for a number of alternative Uses such as Retail or Medical subject of course to the usual consents.

• Prominent Restaurant opportunity
• Suitable for alternative Uses
• Affluent & Popular Location
• Walking distance to Buckhurst Hill Station

TENURE
New FRI Lease.
Rent Review: fifth and tenth anniversaries of Term commencement in line with open market value or RPI whichever is the greater. Rent Review subject to a cap of 15% over 5 years (not compounded annually).

Subject to status and trading history the prospective tenant may be required to provide a personal guarantee and a minimum of 6 months rent deposit.

COMMENCING RENTAL
£80,000 pax plus Vat and Business Rates

LEGAL COSTS
To be borne by ingoing tenant

EPC
TO FOLLOW

ADMINISTRATIVE FEE
Upon terms being agreed and prior to Solicitor’s being instructed, the prospective tenant/purchaser is to pay an administrative fee of £500 plus VAT to Andrew Caplin Commercial Limited. The fee will cover all associated administrative costs including any referencing fees incurred. In the event that the Landlord or Vendor withdraws from the transaction once solicitors are instructed, 50% of the fee will be refunded